Double bottom

USD/JPY falls ahead of BoJ and Fed policy meetings

January 30, 2017 3:15 PM
USD/JPY dropped back below 114.00 as the Japanese yen surged on Monday, ahead of the Bank of Japan’s (BoJ) monetary policy decision and statement scheduled for early Tuesday in Japan.

GBP/USD establishes a major 1.20 double-bottom – now what?

January 12, 2017 1:28 PM
As of mid-day Thursday during the US trading session, markets have moved quite a bit since US President-elect Donald Trump held his heavily-anticipated press conference a day earlier. Although equities and the dollar were resilient in the immediate aftermath of the Trump presser, Thursday morning saw the broad US stock indexes and the dollar dive wh...